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There are numerous conditions of insurance
for insuring the Hull & Machinery of a vessel in various parts
of the world and under particular circumstances. When an incident
occurs which may give rise to an insurance claim, we are able to
offer immediate guidance as to the liability that exists, the limits
of the coverage and the treatment of the expenses which will be incurred.
In the early stages of a claim, we provide clear and concise guidance
about the information which needs to be submitted and the technical
examinations or investigations which may need to be conducted. We
may advise on the steps to be taken to protect the position of
insurers, shipowners or any other interested party.
Where warranted, Braden Marine is able to recommend an advance
payment or payments from insurers to the shipowners or a third
party, for example, a shipyard.
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